§ Mr. Litterick
asked the Chancellor of the Exchequer if he will publish in the Official Report figures showing the total sums of money invested abroad by local authority pension fund trustees during each of the last three complete years for which figures are available.
§ Mr. Robert Sheldon
The figures are: 1973, £0.1 million; 1974, £3.3 million; 1975, £23.8 million. These investments would have been financed with investment currency, at no cost to the United Kingdom reserves.